Green Wealth Management offers an Independent Mortgage Advice service, our advisers have access to researching software that enables them to see a wide range of lenders deals in an instant, they will work with you to narrow down your mortgage preferences and find the perfect mortgage for you.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH MORTGAGE REPAYMENTS

Independent Mortgage Advisers

Green Wealth Management offers an Independent Mortgage Advice service, our advisers have access to researching software that enables them to see a wide range of lenders deals in an instant, they will work with you to narrow down your mortgage preferences and find the perfect mortgage for you.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH MORTGAGE REPAYMENTS

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sing an Independent Mortgage Adviser when choosing a mortgage is important, after all a mortgage is usually the largest secured loan that we have during our lifetimes and there are literally thousands to choose from.

Our Independent Mortgage Consultants will meet with you to discuss your current financial situation and what features you would want from your mortgage before they recommend a product suited to both your financial circumstances and what features you would like your mortgage to have.

Unlike some Mortgage Advisers our Independent Mortgage Advisers work on a no initial fee arrangement so you can be sure there aren’t any hidden costs to you. Instead they are paid a fee from any product provider they choose to recommend to you.

Your questions answered

I am a first time buyer, how much do I need for a deposit?

Mortgage providers will accept an absolute minimum deposit of 5%, the rates for these mortgages are generally high but are no longer unaffordable. We would always recommend that you put as much of a deposit down as you can afford as the rates improve and the monthly payments are reduced.

I have a mortgage already; can I change my mortgage provider?

Yes you most certainly can, this is called a remortgage, its usually quick and easy and can save you money by reducing the interest rate payable, which in turn would reduce your monthly payments

Can I make overpayments on my mortgage?

You can make overpayments on your mortgage however when you are in the deal or tie in period these are usually restricted to a maximum of 10% of the outstanding mortgage balance per year.

What fees are there to pay when I take out a mortgage or complete a remortgage?

Whilst we don’t charge any adviser fees there is sometimes a product fee to pay directly to the lender however many lenders do offer products with no fees which our Independent Mortgage Advisers can talk you through. When you purchase or sell a property there are usually costs incurred, these include solicitor’s fees and Stamp Duty. You can take a look on the Stamp Duty website where you can enter the properties value which will give you an estimate on the stamp duty that would be payable.

What documents would I need for a mortgage to prove income / identification?

Lenders would usually require three monthly payslips for employed applicants and three years SA302s (these can be obtained from HMRC) for self-employed applicants. They would also want to see at least one - three months bank statements and would require a copy of your passport or driving license for identification. Our Independent Mortgage Advisers will talk you through what documents you would require at your initial free consultation meeting.

Where you have a complaint or dispute from us and we are unable to resolve it to your satisfaction then you may have access to the Financial Ombudsman Service. Please see the following link for further details Financial Ombudsman